Good economic policies better than giving out alms to the poor

 There is no doubt that President Buhari's administration remains the best ever in terms of Poverty alleviation and youth empowerment programs, as Minister of Information, Lai Muhammed claims, no government in the history Nigeria strategically brought policies and programs aimed at creating jobs to the teeming Nigerian youths and alleviating poverty in the country.

Several initiatives and programs have been put in place to create jobs for youths, women and other vulnerables . Examples of such programs include N-power in which graduates are eneGEEP of which trader mini, market money and farmers money scheme are part of,  P-YES, Covid Relief funds, Survival fund, NYIF and many more.

These initiatives have undoubtedly have helped in cushioning the effect of economic hardship in the country, some of the beneficiaries have started businesses that can sustain from the proceedings gathered from such programs while others have further improved their investments. The Buhari administration deserves some accolades for this.

Despite the good gesture aimed at economic growth within the masses, little attention have been paid to potential failures that are capable of derailing any prospect of success of the programs. Issues such as after the benefits that should be accrued from these empowerment programs have been recieved which are either given once or for a period of time. Some beneficiaries only enjoy the comfort and security for the period of the program.

Giving out alms to the poor without creating and implementing strong economic policies that will create jobs, wealth and opportunities and automatically lift millions of people out of poverty,  is somehow futile to the aim of eradicating poverty, the desired result might not be achieved in the end.

Youth empowerment programs is one good initiative but good economic policies if implemented would create jobs and wealth for the youths and encourage them youths to fend for themselves and their families as there would be more opportunities waiting for them to harness.